₦airaland Forum

Valthegreat:
I have already submitted my form to
Morgan, I wanted to just pay by direct transfer to the registrar if possible but AI decided to catch cruise with me.

Agbalowomeri:
AI was built to make you happy

KarlTom:
Another classic Maradona move by ELLAH mgt.

The ₦7.066bn payables to related-parties is what they converted. While I have no issues with debt to equity, I am unable to fathom WHY the d2e was done at a meagre ₦2.80
Since the so-called funds were received in November 2025 (SP was circa ₦10.80), WHY convert it to equity at ₦2.80?
(that's a 'PREMIUM REWARD' of ₦8.00 for a failed acquisition)

See Note 15.3 of the AFS '25

Utter woke n0nsense!

KarlTom:
Another classic Maradona move by ELLAH mgt.

The ₦7.066bn payables to related-parties is what they converted. While I have no issues with debt to equity, I am unable to fathom WHY the d2e was done at a meagre ₦2.80
Since the so-called funds were received in November 2025 (SP was circa ₦10.80), WHY convert it to equity at ₦2.80?
(that's a 'PREMIUM REWARD' of ₦8.00 for a failed acquisition)

See Note 15.3 of the AFS '25

Utter woke n0nsense!

yMcy56:
Thomas Wyatt suspension is not yet lifted.
The document you posted was for 2025

Oasisblue:
So much sell offs on the NGX. Full offers and zero bids for so many previously coveted stocks. Seplat, Aradel, DangCem, Betaglass, Berger, Julius Berger, etc.

Oasisblue:
So much sell offs on the NGX. Full offers and zero bids for so many previously coveted stocks. Seplat, Aradel, DangCem, Betaglass, Berger, Julius Berger, etc.

SonofElElyonRet:
Japaul at N2.80

yMcy56:
I'm beginning to think that you have a mission to see ARADEL down, maybe you're planning to accumulate and needs to badmouth it as much as possible....

Over 3bn transactions done in ARADEL today....
So who are those buying when you're aggressively marketing against it?
Why are some analysts bullish about the share price against your assertions?
Can you tell us the metrics used and your fair value so we can know where you're coming from?

I've not seen this moniker's comment here before now....
Can you tell us what your previous moniker is if you don't mind?

zendi:
He's a veteran Oando badmouther who has gone underground for quite some time now.

Don't talk good of Oando and its management to his hearing, or he will nearly kee you wit vawulence.

SimpleGuy001:
I have absolutely nothing to gain from Aradel going down. But no go inflate Wetin no suppose be when somebody is coming here to predict 2000 - 3000 as current price when it has no fundermentals to support it.

As I am typing this, Aradel is on full offer again this morning. Have you asked yourself why? Even after releasing a great FS? It’s because the main analysts from these institutional funds saw what I saw from my analysis based on their current FS.

I have nothing against it. Moreover, read and pass if you don’t like what I am saying or constructively engage. No come dey antagonize me chief.

SimpleGuy001:
I have absolutely nothing to gain from Aradel going down. But no go inflate Wetin no suppose be when somebody is coming here to predict 2000 - 3000 as current price when it has no fundermentals to support it.

As I am typing this, Aradel is on full offer again this morning. Have you asked yourself why? Even after releasing a great FS? It’s because the main analysts from these institutional funds saw what I saw from my analysis based on their current FS.

I have nothing against it. Moreover, read and pass if you don’t like what I am saying or constructively engage. No come dey antagonize me chief.

opadiya:
He claimed to be a "good guy" and you don't need to question his motive even when his intention ought to be visible to the least informed person.

opadiya:
Those institutional investors must have seen what you saw in Seplat, MTN, Presco, etc too

SimpleGuy001:
Omo I tire for una ooo

If something doesn’t go your way, suddenly I am a bad guy. I pity who doesn’t do due diligence before buying stocks ooo

If that is what you do, I’ll advise you begin to learn how to read financial statements. Learn yourself so somebody will not come to tell you Aradel should be trading at 2000 to 3000. Aradel currently is more efficient than Seplat but Seplat is cheaper than Aradel at the moment.

Honestly, in the long run, you will be fine with Aradel. It’s a stock I am holding for at least 5 years. But then entry price and monitoring the market is part of what makes you a good investor. I wonder why you think you know my intention, I am very insignificant in the grand scheme of things chiefly. I cannot move the market neither can Nairaland do.

I only give an opinion and anybody who does his analysis well will see what I am saying (currently oooo) cause Aradel has a good prospect. I am only talking about the current price and its valuation in comparison with the oil and gas sector.

If what you pick from my statement is a bad thing, oh well. I drop my baton. As you were my oga

Oasisblue:
Every major stock is on full offer my gee, including Seplat, BUA Food, DangCem, etc.

SimpleGuy001:
Bro, I’m better off buying Seplat and MTN than Aradel currently. It seems you don’t get it. I’m not trying to de market anything chief. What I am telling you is, Aradel current fundermentals does not support 1750. It’s that simple, what do I gain from demarketing Aradel? I no understand. Stock wey I still Dey in… I don’t do sentiments please. If you don’t understand my post then fine. Eventually, the market will rerate. It’s that simple chief

opadiya:
"Eventually, the market will rerate" Many thanks and God bless

SimpleGuy001:
Oando na yeye company normally. Me I don’t even near a company when your corporate governance is questionable lol. Nothing concern me and Oando, I don’t blame him

Ocallen:
Well o well, for me I think it is only a trader or those that bought at the top that will panic if Aradel drops in price. If you are not any of the above, relax and ride the wave. A trader who knows his technicals won't even fret. After all, the market does not go in a straight line. Fast forward to 2028 it could be just trading at #5000, who knows? So, the investors, traders, and all in the house chill.

SimpleGuy001:
Honestly, in the long run, you will be fine with Aradel. It’s a stock I am holding for at least 5 years. But then entry price and monitoring the market is part of what makes you a good investor. I wonder why you think you know my intention, I am very insignificant in the grand scheme of things chiefly. I cannot move the market neither can Nairaland do.

I only give an opinion and anybody who does his analysis well will see what I am saying (currently oooo) cause Aradel has a good prospect. I am only talking about the current price and its valuation in comparison with the oil and gas sector.

zendi:
Yes, godlyguy, nobi today.

Be wise !

ppogba:
Monitoring spirit.

Are you consoling or mocking?

opadiya:
"Eventually, the market will rerate" Many thanks and God bless

faoogoke:
Lagos, Nigeria — 23 June 2026 — Ellah Lakes Plc (“Ellah Lakes” or the “Company”), a leading indigenous agribusiness company, today announced key operational milestones across its processing and livestock businesses, reflecting continued progress in the execution of its integrated agribusiness strategy. The Company has acquired the first set of expellers and presses for its Palm Kernel Oil (“PKO”) Mill, marking an important step in the development of its palm kernel processing capacity. Installation is expected to be completed by the end of Q3 2026, after which Ellah Lakes plans to commence the production of Palm Kernel Oil and Palm Kernel Cake (“PKC”). This milestone supports the Company’s broader diversification strategy and further strengthens its integrated agro-industrial platform. The addition of PKO and PKC production will enable Ellah Lakes to capture further value from its oil palm operations, expand its product base and deepen its participation across the agricultural value chain. In addition, Ellah Lakes has surpassed 1,000 pigs on its farm, reflecting continued progress in the scaling of its livestock operations. This achievement positions the Company as one of the leading piggery operators in Edo State and reinforces livestock as an important vertical within Ellah Lakes’ integrated agribusiness model. The livestock business supports revenue diversification and near-tomedium-term cash flow generation as the Company’s plantation assets continue to mature. Ellah Lakes has also commenced the sale of gilts, creating an additional revenue line and supporting the development of a broader livestock value chain. As part of the next phase of growth, Ellah Lakes plans to proceed with the installation of its abattoir and cold chain facility. This is expected to support the Company’s longer-term strategy of scaling its piggery operations, improving processing capacity and enhancing market access for livestock products. Commenting on the update, Chuka Mordi, Chief Executive Officer of Ellah Lakes Plc, said: “These milestones reflect the continued execution of our strategy to build Ellah Lakes into a more integrated and commercially resilient agribusiness platform. The acquisition of equipment for our PKO Mill advances our move into higher-value processing, while the growth of our piggery operations strengthens an important cash-generating vertical within our business model.

Testimonies777:
I sincerely hope so!!!. I learnt when I just came into NGX to study the market pulse with GTB. In the last two weeks, I have seen heavy selling/great offers compared to bids in GTB. PROBABILITIES: 1. Is it JANET? 2. Are serious and heavy investors selling to buy Dangote refinery? 3. Is it the effect of FOREIGN FUND PREFERENCE OF DEBT OVER EQUITY? *The Bigger Picture : Debt Over Equity
If you look at the total $10.37 billion in foreign capital imported into Nigeria in Q1 2026, the preference for fixed income over equities is massive. The high-yield environment created by the CBN's elevated Monetary Policy Rate dictates their strategy.Out of the $9.86 billion classed specifically as Foreign Portfolio Investment in Q1:Money Market Instruments: $6.50 billion Bonds: $3.23 billion Equities/Shares: $75.34 million

THE CAUSE OF RECENT RED IN THE MARKET?
Foreign funds are parking billions of dollars in 364-day Treasury Bills and FGN Bonds to capture risk-free double-digit yields, leaving Nigerian equities as a secondary, speculative play .